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Manager

Submitted by rantony2001 on April 30, 2005

Category: Technology
Words: 3719 | Pages: 15
Views: 544
Popularity Rank: 15,908
Average Member Grade: N/A (Add a Comment / Grade this Paper)

Executive Summary

Today's companies are operating in an atmosphere of rapidly changing competition, technology, laws and policies. Therefore the companies have to seriously re-analyze their business objectives and marketing strategies and tactics in order to satisfy the need of the target consumers and thereby achieving their own objectives.

The aim of the report is to explain the various objectives of marketing and it communications, to explore its various tools, emphasis their importance and functions in the modern business scenario and to discuss how companies can utilize these tools to the maximum to achieve their objectives.

I have taken the NADIA Group of Companies as my case study and have worked at explaining how they use the various marketing communication tools. I have also made and effort to analyze their marketing strategies and tactics and evaluate the effectiveness of their promotion mix and eventually their performance.

INTRODUCTION

The word communication is derived from the Latin word ‘communis' which means common. When we are trying to establish a commonness with the other person.

Marketing communications is the element of marketing mix that involves communicating with the target markets to inform them about a product and influence them to buy it. It is the basic way which to deliver message to the target market. Marketing communication aims at creating awareness, generating inquires, establishing brand identity, stimulating demand and enhancing company image. It given information about the product, its features, its price and where to obtain it. It is about telling and selling. It may enhance the value of the product thereby increasing the likelihood of sale. Some companies use it to stabilize sales.

It is the responsibility of the marketing communication manager to blend the communication tolls to create a mix that satisfies the above...

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